$MAGMA: Range retest following quick liquidity sweep
$MAGMA swept lower support around $0.0310 before immediately rebounding back toward the $0.0338 region on the 15m chart. I’m keeping an eye on whether bulls can secure a solid candle close above local resistance at $0.0345 to target the recent $0.0382 high, while a failure here likely keeps price bound inside this current range.
What's your plan for $MAGMA at this resistance level?
⚠️ Rapid wicks indicate ongoing volatility and swift momentum shifts. Not financial advice.
— ANiii Trader Analysis 📊
👇 Trade on Binance
$IRYS
$MAGMA swept lower support around $0.0310 before immediately rebounding back toward the $0.0338 region on the 15m chart. I’m keeping an eye on whether bulls can secure a solid candle close above local resistance at $0.0345 to target the recent $0.0382 high, while a failure here likely keeps price bound inside this current range.
What's your plan for $MAGMA at this resistance level?
⚠️ Rapid wicks indicate ongoing volatility and swift momentum shifts. Not financial advice.
— ANiii Trader Analysis 📊
👇 Trade on Binance
$IRYS